"7B(1) The Minister may, by instrument in writing,
determine a plan of management for a fishery in
proclaimed waters.
(2) A plan of management for a fishery shall set
out -
(a) the objective of the plan of management;
and
(b) measures by which the objective is to be
attained.
(3) Without limiting the generality of sub-section
(2), the Minister may, in a plan of management for a
fishery-
(a) determine the manner in which the fishing
capacity of the fishery is to be measured;
and
(b) determine the fishing capacity, measured
in that manner, permitted for the fishery.
(4) Without limiting the generality of sub-section
(2), a plan of management for a fishery may make
provision for and in relation to-
(a) the granting of licences under sub-sections 9(2) and (3)
in relation to the fishery;
(b) the conditions to which licences granted under
sub-sections 9(2) and (3) in relation to the fishery are
to be subject; and
(c) the duration, transfer, renewal and
variation of licences granted under sub-sections
9(2) and (3) in relation to the fishery.
(5) Where, in a plan of management for a fishery,
the Minister determines the fishing capacity permitted
for the fishery, then, without limiting the generality
of sub-section (2), the plan of management may make
provision for and in relation to-
(a) the division of the fishing capacity
permitted for the fishery into units (in
this section referred to as "units of
fishing capacity");
(b) the allocation to persons of units of
fishing capacity in the fishery;
(c) the assignment of units of fishing
capacity to boats, and the holding, and
cessation of holding, of units of fishing
capacity in relation to boats;
(d) requiring units of fishing capacity to be
held in relation to boats;
(e) the determination of the number of units
of fishing capacity to be held in relation
to boats;
(f) the holding of units of fishing capacity
that are not assigned to a boat, including
the number of such units of fishing
capacity that may be held by a person and
the period during which such units of
fishing capacity may be held;
(g) the duration, variation, re-assignment,
transfer, surrender, replacement, renewal
of allocation, suspension and cancellation
of units of fishing capacity;
(h) the recording of the allocation,
assignment, holding, cessation of holding,
variation, re-assignment, transfer,
surrender, replacement, renewal of
allocation, suspension and cancellation of
units of fishing capacity and the manner
in which such recording is to be
evidenced, including the issue, recall and
replacement of certificates and other
documents evidencing such recording; and
(j) the reconsideration of decisions made
under the plan of management."